The Risk
$30 Million Guild Accelerator Program to Fund up to $500K per Guild
Submitted by DerekFlinn » Wed 16-Feb-2022, 17:41Subject Area: General | 3 member ratings |
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The Guild Accelerator Program also follows Animoca Brands raising $358 million in mid-January to enhance Web3 and the metaverse industry. In November 2021, the P2E gaming guild Avocado Guild raised $18 million from Animoca Brands. Additionally, the company’s subsidiary, The Sandbox blockchain metaverse game, partnered with the gaming giant Ubisoft and the two unveiled voxelized versions of Rabbids characters.
The partnership announcement between Brinc and Animoca Brands further explains that the GAP funding will be led by Richard Robinson, an entrepreneur-in-residence at Animoca Brands.
“The Guild Accelerator Program will fund up to US$500,000 per guild — To optimise each guild’s performance and help scale growth, the program will foster innovation, set up management and operational systems, share best-in-class learnings from world-class mentors, expand each platform’s user base and assets, and help raise funds beyond the startup phase,” Animoca Brands’ GAP funding announcement concludes.
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